Vietnam's Vingroup seeks to raise $1b from global investors for car unit

Vietnam's Vingroup seeks to raise $1b from global investors for car unit

One of the property's developed by Vingroup (Visual from the company website)

Vietnam’s largest conglomerate Vingroup is in talks with investors, including Qatar’s sovereign fund and BlackRock, to privately raise about $1 billion in equity for its car unit, three sources aware of the matter said.